Head of the National Assembly’s Committee for External Relations Nguyen Van Giau (standing) speaks at the event (Photo: VNA) Hanoi (VNA) – The National Assembly’s Committeefor External Relations held a seminar in Hanoi on August 22 to review theimplementation of international treaties signed by Vietnam and Russia during the2001 – 2018 period.
Speaking at the event, head of the committee Nguyen Van Giausaid both countries have launched joint cooperation mechanisms such as theinter-governmental committee and the inter-governmental committee on militarytechnical cooperation.
Since 2011, Vietnam and Russia have signed agreements and several international treaties covering many fields at State, ministerial,local and business levels.
He said the committee will collect suggestions at the eventto make a report for submission to the eighth session of the 14th legislature.
Deputy Minister of Industry and Trade Hoang Quoc Vuong saidthe two countries are maintaining the Inter-Government Committee oneconomic-trade and scientific-technological cooperation mechanism that wasestablished in 1992 on the basis of the economic-trade cooperation agreementsigned in 1991.
On this foundation, bilateral ties have grown across fourpillar areas of trade, investment, oil and gas, and energy. Two-way tradebetween Vietnam and Russia hit 4.57 billion USD last year, up 28.6 percent from2017.
As of June 20 this year, Russia ranked 24th outof 132 countries and territories investing in Vietnam with 130 projects, mostlyin the fields of energy and oil and gas, worth over 954 million USD.
Vietnam invested in 22 projects valued at around 3 billionUSD in Russia, notably TH True Milk’s milch cow farming and milk processingproject worth 2.7 billion USD.
The country is also closely partnering with Russia’s majoroil and gas groups such as Gazprom, Zarubezhneft and Rosneft.
Chu Tuan Duc, deputy head of the Foreign Ministry’s Law andInternational Treaties Department, said 52 international treaties were signed andimplemented by the two countries from 2001 – 2018. He noted that most treatiesare being carried out in an effective manner, benefiting both sides’ cause ofnational development.
According to Duc, a number of documents signed before the2016 Law on International Treaties took effect did not qualify as internationaltreaties under the 2016 law. The Foreign Ministry has proposed that the NA’s Committeefor External Relations omit them from the review.
Localities were asked to report the implementation ofinternational conventions to the Foreign Ministry and other relevant agencies eachyear, including achievements and shortcomings.-VNA
Speaking at the event, head of the committee Nguyen Van Giausaid both countries have launched joint cooperation mechanisms such as theinter-governmental committee and the inter-governmental committee on militarytechnical cooperation.
Since 2011, Vietnam and Russia have signed agreements and several international treaties covering many fields at State, ministerial,local and business levels.
He said the committee will collect suggestions at the eventto make a report for submission to the eighth session of the 14th legislature.
Deputy Minister of Industry and Trade Hoang Quoc Vuong saidthe two countries are maintaining the Inter-Government Committee oneconomic-trade and scientific-technological cooperation mechanism that wasestablished in 1992 on the basis of the economic-trade cooperation agreementsigned in 1991.
On this foundation, bilateral ties have grown across fourpillar areas of trade, investment, oil and gas, and energy. Two-way tradebetween Vietnam and Russia hit 4.57 billion USD last year, up 28.6 percent from2017.
As of June 20 this year, Russia ranked 24th outof 132 countries and territories investing in Vietnam with 130 projects, mostlyin the fields of energy and oil and gas, worth over 954 million USD.
Vietnam invested in 22 projects valued at around 3 billionUSD in Russia, notably TH True Milk’s milch cow farming and milk processingproject worth 2.7 billion USD.
The country is also closely partnering with Russia’s majoroil and gas groups such as Gazprom, Zarubezhneft and Rosneft.
Chu Tuan Duc, deputy head of the Foreign Ministry’s Law andInternational Treaties Department, said 52 international treaties were signed andimplemented by the two countries from 2001 – 2018. He noted that most treatiesare being carried out in an effective manner, benefiting both sides’ cause ofnational development.
According to Duc, a number of documents signed before the2016 Law on International Treaties took effect did not qualify as internationaltreaties under the 2016 law. The Foreign Ministry has proposed that the NA’s Committeefor External Relations omit them from the review.
Localities were asked to report the implementation ofinternational conventions to the Foreign Ministry and other relevant agencies eachyear, including achievements and shortcomings.-VNA
VNA
